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Resolution No. 2010-026RESOLUTION NO. 2010-26 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF AN AMENDMENT NUMBER ONE TO THE AGREEMENT BETWEEN THE CITY OF VERNON AND THE LAW OFFICES OF ERIC T. FRESCH, LTD., FOR LEGAL SERVICES WHEREAS, on January 4, 2010, the City Council of the City of Vernon adopted Resolution No. 2010-07 approving an Agreement with Eric T. Fresch, Ltd. ("FreschLaw") to provide certain legal services for the Departments of Light & Power and Gas in connection with the issuance and sale of bonds, public finance matters, energy matters and certain other related matters; and WHEREAS, FreschLaw and the City wish to expand the scope of services currently provided, create a blended billing rate to cover all services provided under the agreement and decrease the professional liability insurance coverage required under the Agreement; and WHEREAS, by Staff Report dated February 17, 2010, the City Administrator has recommended that FreschLaw's fee be increased from $450.00 per hour to $525.00 per hour to cover all services provided under the Agreement and that the professional liability insurance requirement be decreased to $2 million per claim and $4 million annually in the aggregate; and WHEREAS, the City Council of the City of Vernon has determined that, pursuant to the provisions of subsection (b)(1) and (b)(7) of Section 2.27 of the Vernon City Code, it is in the public interest and necessity to enter into the amended Agreement with FreschLaw to provide legal services. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon does hereby find and determine that the recitals contained hereinabove are true and correct SECTION 2: The City Council of the City of Vernon hereby approves the Amendment Number One to the Agreement (the "Amendment") with FreschLaw, a copy of which is attached hereto as Exhibit A. SECTION 3: The City Council of the City of Vernon hereby authorizes the Mayor or Mayor Pro-Tem to execute said Amendment for, and on behalf of, the City of Vernon and the City Clerk, or Deputy City Clerk, is hereby authorized to attest thereto. SECTION 4: The City Council of the City of Vernon hereby authorizes the City Administrator, or his designee, to take whatever actions are deemed necessary or desirable for the purpose of implementing and carrying out the purposes of this Resolution and the transactions herein approved or authorized. SECTION 5: The City Council of the City of Vernon hereby directs the City Clerk, or her designee, to send a_fully executed Amendment to FreschLaw. -2- SECTION 6: The City Clerk of the City of Vernon shall certify to the passage, approval and adoption of this Resolution, and the City Clerk of the City of Vernon shall cause this Resolution and the City Clerk's certification to be entered in the File of Resolutions of the Council of this City. APPROVED AND ADOPTED this 22"d day of February, 2010. Name: Hilario Gonzales Title: Mayor �LQire T � A T ST: MANUELA GIRON, City Clerk -3- STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, MANUELA GIRON, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 2010-26, was duly passed, approved and adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Monday, February 22, 2010, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. Executed this -Wday of February, 2010, at Vernon, California. AMUELA G R ,-City Clerk (SEAL) EXHIBIT A AMENDMENT NUMBER ONE TO THE AGREEMENT BETWEEN THE CITY OF VERNON AND THE LAW OFFICES OF ERIC T. FRESCH, LTD. FOR LEGAL SERVICES THIS AMENDMENT NUMBER ONE TO THE AGREEMENT BETWEEN ERIC FRESCH AND THE CITY OF VERNON is entered into between the City of Vernon, a California charter city and municipal corporation ("City") and the Law Offices of Eric T. Fresch, Ltd. ("FreschLaw"). WHEREAS, as authorized by City Council Resolution No. 2010-07, the City and FreschLaw entered an agreement dated January 4, 2010 to provide certain legal services for the Department of Light & Power and the Gas Department in connection with the issuance and sale of bonds, public finance matters, energy matters, and certain other related matters (the "Agreement"); and WHEREAS, the City wishes to expand the scope of services to be provided by FreschLaw as allowed by Section LA.12 of the Agreement; and WHEREAS, FreschLaw desires to provide expanded services in exchange for the increased compensation as set forth in this Amendment. NOW THEREFORE, the parties agree as follows: Secton 1. Section 2.A of the Agreement is hereby amended to read as follows: "A. Fee. For legal services as described in subsection A of Section 1, FreschLaw shall be paid for the actual time of services rendered at the rate of $525 per hour for work performed by Eric T. Fresch. Time shall be billed in increments of one tenth of one hour." 12720-0001 \ 1196788v5.doc Section 2. Section 5.1) of the Agreement is hereby amended to read as follows: "D. Professional Liability Insurance with a minimum limit of two million dollars ($2,000,000) per claim and four million dollars annually in the aggregate ($4,000,000). Such insurance may be subject to a self -insured retention or deductible to be borne entirely by FreschLaw, which shall not exceed Two Hundred Fifty Thousand Dollars ($250,000) per occurrence." Section 3. Except as specifically modified by this Amendment No. 1, the Agreement shall remain in full force and effect. ATTEST: City Clerk Executed this day of , 2010, at Vernon, California. CITY OF VERNON A California Charter City and Municipal Corporation By Mayor / Mayor Pro Tern of the City of Vernon, California (SEAL) LAW OFFICES OF ERIC T. FRESCH, LTD. By: ERIC T. FRESCH Title: 12720-0001\119678W.doc 2 CITY CLERK'S OFFICE INTEROFFICE MEMORANDUM DATE: March 3, 2010 TO: Donal O'Callaghan, City Administrator FROM: Willard Yamaguchi, City Clerk � t RE: Resolution No. 2010-26 - A Resolution of the City Council of the City of Vernon Approving and Authorizing the Execution of an Amendment Number One to the Agreement Between the City of Vernon and the Law Offices of Eric T. Fresch, LTD., for Legal Services Transmitted herewith is a copy of the fully executed agreement and Resolution No. 2010-26 referenced above, which was approved by City Council on February 22, 2010. Thank you. NG:dj c: Ana Barcia Kristen Enomoto Martha Valenzuela Resolution No. 2010-26 Agreement No. 10-014 AMENDMENT NUMBER ONE TO THE AGREEMENT BETWEEN THE CITY OF VERNON AND THE LAW OFFICES OF ERIC T. FRESCH, LTD. FOR LEGAL SERVICES THIS AMENDMENT NUMBER ONE TO THE AGREEMENT BETWEEN ERIC FRESCH AND THE CITY OF VERNON is entered into between the City of Vernon, a California charter city and municipal corporation ("City") and the Law Offices of Eric T. Fresch, Ltd. ("FreschLaw"). WHEREAS, as authorized by City Council Resolution No. 2010-07, the City and FreschLaw entered an agreement dated January 4, 2010 to provide certain legal services for the Department of Light & Power and the Gas Department in connection with the issuance and sale of bonds, public finance matters, energy matters, and certain other related matters (the "Agreement"); and WHEREAS, the City wishes to expand the scope of services to be provided by FreschLaw as allowed by Section 1.A.12 of the Agreement; and WHEREAS, FreschLaw desires to provide expanded services in exchange for the increased compensation as set forth in this Amendment. NOW THEREFORE, the parties agree as follows: Secton 1. Section 2.A of the Agreement is hereby amended to read as follows: "A. Fee. For legal services as described in subsection A of Section 1, FreschLaw shall be paid for the actual time of services rendered at the rate of $525 per hour for work performed by Eric T. Fresch. Time shall be billed in increments of one tenth of one hour." 12720-000 1\ 119 67 8 8 v5. do c Section 2. Section 5.13 of the Agreement is hereby amended to read as follows: "D. Professional Liability Insurance with a minimum limit of two million dollars ($2,000,000) per claim and four million dollars annually in the aggregate ($4,000,000). Such insurance may be subject to a self -insured retention or deductible to be borne entirely by FreschLaw, which shall not exceed Two Hundred Fifty Thousand Dollars ($250,000) per occurrence." Section 3. Except as specifically modified by this Amendment No. 1, the Agreement shall remain in full force and effect. Executed this 22 day of February , 2010, at Vernon, California. CITY OF VERNON A California Charter City and Municipal Corporation By.� Mayor / Mayor Pro Tern of the City of Vernon, California ATTEST: zz6e��w (SEAL) City Clerk LAW OFFICES OF ERIC T. FRESCH, LTD. By: f. ��� ERIC T. FRESCH Title: 12720-0001\1196788v5.doc 2 CITY CLERK'S OFFICE INTEROFFICE MEMORANDUM DATE: February 23, 2010 TO: Kristen Enomoto, Council Department Manager FROM: Willard Yamaguchi, Chief Deputy City Attorney/Risk Manage RE: Resolution No. 2010-26 - A Resolution of the City Council of the City of Vernon Approving and Authorizing the Execution of an Amendment Number One to the Agreement Between the City of Vernon and the Law Offices of Eric T. Fresch, LTD., for Legal Services Transmitted herewith are two partially executed original amendments requiring Eric's signature and a copy of Resolution No. 2010-26 referenced above, which was approved by City Council on February 22, 2010. Please ensure that one fully executed amendment is returned to me for the file. Thank you. WY:dj c: Resolution No. 2010-26 Agreement No. 10-014 APPROVED FEB 2 2 '10 CITY COUNCIL . 7 01 yEysOFICE STAFF REPORT CITY ADMINISTRATION OFFICE DATE: February 17, 2010 TO: Honorable Mayor and City Council�� t FROM: Donal O'Callaghan, City Administrator RE: Amendment to Legal Services Engagement Agreement for Eric T. Fresch The Law Offices of Eric T. Fresch, Ltd. ("FreschLaw") provides the City of Vernon Light & Power and Gas Departments with legal and financial advisory services, It is envisioned that the firm of FreschLaw will be undertaking services that are currently being handled by other firms. The additional services would normally be provided at a higher rate than FreschLaw's current rate of $450.00 per hour for services provided under the current agreement. However, rather then establish a two-tier rate structure, it is recommended that the City revise the current agreement to provide for a blended rate .of $525.00 per hour. I believe that this consolidation of services and cost shall enhance the financial management, now and in the future, of the various projects, undertaken by the City. Further an amendment of Section 5.D. is also requested. The City Administrator shall make an exception in the case of the coverage required for professional liability due to the difficulty in obtaining the limit stipulated in Section 5.D. The professional liability required by FreschLaw shall be $2,000,000 per claim/$4,000,000 annual aggregate. Recommendation It is recommended that FreschLaw's rate of $450.00 be increased to $525.00 per hour. It is also recommended that FreschLaw only obtain professional liability insurance in the amount of $2,000,000 per claim and $4,000,000 annual aggregate professional liability insurance. DO: rmt C 17,1 � 1-Y FEB 1 7 Z010 o \11 <ya ERIC T. FRESCH KATHERINE J. BRADSTREET February 16, 2010 Mr. Donal O'Callaghan City Administration City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Dear Mr. O'Callaghan: LAW OFFICES OF E13IC T. FAESCH, LTD. 33 NEW MONTGOMERY, SIXTH FLOOR SAN FRANCISCO, CALIFORNIA 94105-4537 TELEPHONE (415) 488-7760 e.fresch@comcest.net LOS ANGELES OFFICE 11766 WILSHIRE BLVD. SIXTH FLOOR LOS ANGELES, CA 90025-6S38 (213) 392-0930 I respectfully request you amend my legal services contract with the City's Light & Power and Gas Departments on two points: my hourly rate and the minimum limit of professional liability insurance. You and I have discussed my firm undertaking services for the City's Light & Power and Gas Departments that are currently being handled by other firms at rates between $750 and $890 per hour. I propose that my rate shall be $525 per hour. I have secured professional liability insurance through agents Marsh -McLennan in the amount of $2,000,000 per claim/$4,000,000 annual aggregate. Marsh has informed me that they know of no insurance company offering $10 million limits to a law firm of two attorneys, such as my firm. I request that you authorize my firm to be required to only obtain the above noted liability insurance amounts, which will conform to what is available in the marketplace. Thank you for your consideration of these requests. Sincerely, ,L 110k Eric Fresch Attachment SmartZone Communications Center: RF: Professional Liability Insurance Quote/Some Additional Questions 2/ 3/ 10 9,00 AM ffiait lie Communications Center a fiwCh.C&co iT c=t ne@t Professional Liability Insurance Quote/Some Additional Questions From: h!Iichael Allar <michaei,allar@marshpm.com> Tue, Jan 19, 2010 01:03 PM Subject RE: Professional Liability insurance Quote/Some Additional Questions To : e french <e,fresch@comcast.net> Dear Eric: 1�n ;sorry, but for a firm the size of yours, we, are unable to provide limits higher than those I quoted. I don't know of any company Offering $10 mullion limits for a firth of two attorneys. I'm song I can't be of more help. Regards, Michael 1. Allar Marsh Consumer A service of Seabury & Smith 345 California Street, Suite 1300 San Francisco, CA 94104 Phone: 415-953-5642 or 500-339-9122 ext 35642 Fax: 415-983-5696 email: mic�a�l altar rrlar,sl�Llm imam CA License No. 0633005 From: e-fresch@comcast.net [mailto:e.fresch@comcast.net] Sent. Sunday, January 17, 2010 8:58 PM To: Allar, Michael Cc: a Subject,. Re: Professional liability Insurance Quote/Some Additional Questions Dear Michael_ I have the attached quote --everything looks good --I need more coverage though --I initially approached my homeowners agent, but he worries your company may be better suited for this type and level of coverage. Can you help? Also --I putt in my home address on the application instead of my office--sorry--can I change that? http://sz0173,ev.mail.comcast.netlzimbra/h/message?si=7&so=o&sc-41228&sq=michael+aliarast-message&id-134840&print=true&xim=1 Page 1 of 4 LAW OFFICES OF ERIC T. rRESCH, LTD. 33 NEW MONTGOMERY, SIXTH FLOOR ERIC T. FRESCH SAN (:RANCISCO, CALII'`OXWIA 911105-4537 LOS ANGELES :OFFICE KATHERINE J. BRADSTREET TELEPHONE I4151 486-776O II766 WILSHIRE BLVD. SIXTH FLOOR LOS ANGELES. CA 90ORB-6538 0Jr.8.h@c0m0.0t.nel I213I 39A-0930 November 15, 2011 Carlos Fandino Director of the Light & Power Department of Light & Power, City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Re: Notice to Terminate Contract for Legal Services, Law Offices of Eric T. Fresch Dear Carlos: I want to advise you that I will be ending my representation of the City's Light & Power Department, effective May 1, 2012. I believe by tendering my notice at this time it will enable you to help me wind down my participation in the various projects in which I am involved for Light & Power and provide an orderly transition to other firms. After you and I meet to review all of the matters in which I am involved, I will submit to you a total estimated budget for the remaining time of my service to the Department. Obviously the Department is free to end my services at any time if it so chooses. The Light & Power Department has been a client of mine since my days at Mudge Rose Guthrie Alexander & Ferdon in the 19801s. It has been a great honor to serve you, your Department, the City Administrator, and the City Council Light & Power Board. Thank you. Sincerely Eric FresW1 Cc: Honorable Mayor Larry Gonzales and Members of the City Council Mark Whitworth, City Administrator